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Analysis of Financing Problems of New Energy Industry in Liaoning Province

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DOI: 10.23977/ssge.2020.020103 | Downloads: 18 | Views: 2622

Author(s)

Peng Wang 1

Affiliation(s)

1 School of Economics and Management, Dalian University, No.10, Xuefu Avenue, Economic & Technical Development Zone, Dalian, Liaoning,The People's Republic of China(PRC)

Corresponding Author

Peng Wang

ABSTRACT

As a renewable resource, the development of new energy has an important role in protecting the environment and promoting economic development. The development of new energy industry in Liaoning Province has certain geographical and resource advantages. However, as an emerging industry, due to its large investment and high debt, its competitiveness is weak, which has caused many obstacles in industrial financing, which have restricted the smooth development of the new energy industry in Liaoning Province. Therefore, we need to analyze the financial support of the new energy industry in Liaoning Province, and apply the right medicine in order to make the new energy industry in Liaoning Province continue to grow and develop and become a new economic development engine in Liaoning Province in market competition.

KEYWORDS

New energy; financial support; financing

CITE THIS PAPER

Peng Wang. Analysis of Financing Problems of New Energy Industry in Liaoning Province. Smart Systems and Green Energy (2020) Vol. 2: 20-23. DOI: http://dx.doi.org/10.23977/ssge.2020.020103.

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